Papiniidu tänav 66, Pärnu

Papiniidu tn 66 is a 3-story apartment building constructed in 2014, located in Pärnu linn, comprising 10 apartments. The EHR registry code is 120681545 and cadastral ID is 62513:178:0009. Estiq reports energy class B.

The Estiq AVM model estimate is 3 337 €/m². The valuation range spans 2 843–3 831 €/m². The calculated fair value of a typical 3-room apartment is approximately €216 911.

Based on the 3 337 €/m² benchmark, a 40 sqm apartment is indicatively valued at €133 480 and a 50 sqm apartment at €166 850. Actual value depends on interior condition, floor, parking, and storage.

2-room: €108 039–€145 573; 3-room: €190 268–€256 370.

The model-based indicative asking price is approximately €3 364/m² (for the typical 3-room unit, about €227 757), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €480–€580 per month, generating an estimated gross yield of 2,4–3,4%.

Buying means a loan payment of about €897 a month, renting €480–€580 — the loan payment is 69% above the rent. That is 58% (loan) and 34% (rent) of the median gross wage (Pärnu linn, €1,551, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (67.7 m²) at €216,911 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €43,382 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 36 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: above average). Air: of the last 12 months' hourly readings, 35% were in the two best classes and 44% in the two worst (level: high). Estimated road noise at the building is 47 dB (Lden). Radon in soil gas: high (50–100 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, a typical flat paid €175 per month in total, including utilities. Association fees excluding utilities were €1.62/m² per month, of which €0.38/m² to the repair fund. The repair fund held €4 704 at year end. The association had €21 032 of loans outstanding. From 2022 to 2025 association fees changed by +38% in total; the repair fund went from €2 918 (2022) to €4 704 (2025). See the association figures.

No. For a mortgage the bank needs a certified valuer's report under EVS 875 — order a valuation.

Median error is 9.5% in Tallinn and 12.1% elsewhere in Estonia; 83% of Tallinn estimates fall within ±20% (blind test, May–September 2026). Atypical properties have larger errors — see the methodology.

Sale prices — notarised apartment sales, Maa- ja Ruumiamet; estimates — the Estiq AVM model; rents — Estiq market database (24 months); wages — Statistics Estonia (PA117); building data — building register (EHR); association costs — housing associations' annual reports; noise and air — national noise maps and air monitoring. Figures refresh with every data load and each states its period and sample — see the methodology.